Historic Highly Profitable Restaurant & Bar - Top Destination in USA
Business Description
Turnkey business with a proven successful restaurant concept
Established American Restaurant & Bar - Lake Havasu City, Arizona
This exceptional dining establishment represents a rare opportunity to acquire one of Arizona's top-rated casual dining restaurants with nearly four decades of proven success. Operating since 1986, this turnkey business has built an outstanding reputation serving breakfast, lunch, and dinner to both loyal locals and traveling diners.
Financial Performance:
- Annual Revenue: $3,660,975
- Cash Flow (SDE): Disclosed to qualified buyers only
- Asking Price: $1,900,000
- FF&E Value: $347,000
- Inventory Value: $70,000 - 100,000 (Included in asking price)
- Real Estate Value: Real Estate NOT included in asking price -- Disclosed to qualified interested buyers only
Business Highlights:
- 4,500 sq ft facility in prime Lake Havasu location
- 48 dedicated, well-trained employee team
- Over 10,000 online reviews from all social media sites averaging 4.5 stars and getting better every day
- TripAdvisor "Best of the Best" recognition for entire United States
- Diverse menu offering breakfast, lunch, and dinner
- Strong local customer base plus great tourist traffic
- Thriving turn-key operation with proven success year in and year out
Location Advantages:
Lake Havasu City is recognized as one of the most beautiful top-rated lakes in the USA. A vibrant desirable community with happy and successful people with great schools. It's a community that is growing and developing in both residential and commercial development making it a prime location for long-term success.
Growth Opportunities:
- Unlimited expansion potential in catering services
- Enhanced bar business development
- Many inquiries asking about additional locations
- Potential prototype for restaurant chain expansion
- Various untapped revenue streams available
Owner Support:
Selling owners will provide ample training and transitional support depending upon the experience and requirements of the buyer.
Real Estate:
Property is owned by seller, offering unique financing flexibility with owner carry-back or lease arrangements for qualified buyers.
Reason for Sale: Retirement
The owners have been in the restaurant business nearly 40 years and have learned
what has made them successful by clearly understanding the restaurant business and building a dining experience with a dedicated staff that makes people come and eat their wonderful diverse menu items and leave totally happy and satisfied and looking forward to their next visit.
This is an exceptional opportunity to acquire a highly profitable, well-established restaurant with tremendous growth potential in one of Arizona's most desirable markets.
Due to the highly confidential nature and value of this listing, qualified potential buyers with proof of funds is required before releasing financials along with a signed Non-Disclosure Agreement.
Serious inquiries only.
DO NOT CONTACT EMPLOYEES OR CUSTOMERS
This exceptional dining establishment represents a rare opportunity to acquire one of Arizona's top-rated casual dining restaurants with nearly four decades of proven success. Operating since 1986, this turnkey business has built an outstanding reputation serving breakfast, lunch, and dinner to both loyal locals and traveling diners.
Financial Performance:
- Annual Revenue: $3,660,975
- Cash Flow (SDE): Disclosed to qualified buyers only
- Asking Price: $1,900,000
- FF&E Value: $347,000
- Inventory Value: $70,000 - 100,000 (Included in asking price)
- Real Estate Value: Real Estate NOT included in asking price -- Disclosed to qualified interested buyers only
Business Highlights:
- 4,500 sq ft facility in prime Lake Havasu location
- 48 dedicated, well-trained employee team
- Over 10,000 online reviews from all social media sites averaging 4.5 stars and getting better every day
- TripAdvisor "Best of the Best" recognition for entire United States
- Diverse menu offering breakfast, lunch, and dinner
- Strong local customer base plus great tourist traffic
- Thriving turn-key operation with proven success year in and year out
Location Advantages:
Lake Havasu City is recognized as one of the most beautiful top-rated lakes in the USA. A vibrant desirable community with happy and successful people with great schools. It's a community that is growing and developing in both residential and commercial development making it a prime location for long-term success.
Growth Opportunities:
- Unlimited expansion potential in catering services
- Enhanced bar business development
- Many inquiries asking about additional locations
- Potential prototype for restaurant chain expansion
- Various untapped revenue streams available
Owner Support:
Selling owners will provide ample training and transitional support depending upon the experience and requirements of the buyer.
Real Estate:
Property is owned by seller, offering unique financing flexibility with owner carry-back or lease arrangements for qualified buyers.
Reason for Sale: Retirement
The owners have been in the restaurant business nearly 40 years and have learned
what has made them successful by clearly understanding the restaurant business and building a dining experience with a dedicated staff that makes people come and eat their wonderful diverse menu items and leave totally happy and satisfied and looking forward to their next visit.
This is an exceptional opportunity to acquire a highly profitable, well-established restaurant with tremendous growth potential in one of Arizona's most desirable markets.
Due to the highly confidential nature and value of this listing, qualified potential buyers with proof of funds is required before releasing financials along with a signed Non-Disclosure Agreement.
Serious inquiries only.
DO NOT CONTACT EMPLOYEES OR CUSTOMERS
About the Business
- Years in Operation
- 39
- Employees
- 48
- Facilities & Assets
- Abundant parking in common area. The building is in great condition built in 2009 with all FF&Es continually upgraded and replaced regularly to make sure the restaurant is running top-notch.
- Market Outlook / Competition
- Lake Havasu is a vibrant growing community and this restaurant/bar has continually been the top-rated restaurant in our thriving community.
- Opportunities for Growth
- This restaurant has unlimited growth opportunities in catering and bar business. It has had hundreds of inquiries to open this restaurant concept in other city locations and, also, it has been suggested by financial groups that it's obvious to them that it could be the next prototype for a great chain restaurant.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 4,500
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Selling owners will provide ample training and transitional support depending upon the experience and requirements of the buyer.
- Financing Options
- Owner willing to carry-back or lease real estate only
Listing Info
- ID
- 2391990
- Listing Views
- 1039
Business Location
Listing ID: 2391990 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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